Real estate transactions are one of the biggest financial investments people experience in their lifetime. Today, most home purchases exceed $100,000. With so much money on the line, doesn't it make sense to seek the professional assistance of a REALTOR®?

A REALTOR® can first help you determine how much home you can afford, also known as your buying power. REALTORS® can also suggest ways for you to obtain a down payment, along with explaining alternative financing methods. If you give a REALTOR® some basic financial information, they can suggest ways to go about getting appropriate financing and can refer you to lenders qualified to assist you.

REALTORS® usually suggest that Buyers be pre-approved for mortgage loans. This is because most purchase agreements require buyers to apply for financing within a certain time period, frequently seven to 10 days. By getting pre-approved for financing, you won't feel rushed when you find that home of your dreams and want to act as quickly as possible. REALTORS® can also advise you on what personal and financial information will be needed when you apply for financing.

About REALTORS® - A REALTOR® Works for You

• A REALTOR® can show you properties listed in the MLS (Multiple Listing Service) -- even those listed by other REALTORS®
• A REALTOR® can help you find special financing programs to make your home purchase more affordable
• A REALTOR® works for homeowners by lobbying local, state, and national lawmakers for homeowner-friendly legislation